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Peter Obi Raises Alarm Over Nigeria’s Growing Debt Crisis

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Former Anambra State Governor and 2023 presidential candidate, Peter Obi , has once again voiced deep concern over Nigeria’s mounting national debt, warning that the country is edging dangerously toward a financial cliff . Obi, known for his consistent advocacy for transparency and fiscal responsibility, criticized the recent approval of massive foreign loans by the National Assembly—reportedly amounting to over $21 billion , €2.2 billion , and ¥15 billion . He emphasized that the current debt trend under the Tinubu administration is unsustainable and could leave future generations burdened with unpayable obligations. According to Obi, Nigeria’s debt has ballooned from ₦12.6 trillion in 2015 to a staggering ₦149 trillion in 2025 , a growth rate he described as "disturbing and reckless." He questioned the country’s borrowing culture, especially when there is little to show in terms of infrastructure, job creation, or improved living standards. “The government must stop li...

ASUU Rejects Plan to Rename University of Maiduguri After Buhari

The Academic Staff Union of Universities (ASUU) has firmly rejected the Federal Government’s plan to rename the University of Maiduguri after former President Muhammadu Buhari. The proposal, which has sparked nationwide debate, was met with sharp criticism from the academic union, who described the move as “unnecessary and politically motivated.”

According to Sahara Reporters, the Federal Government had announced its intention to rename the institution as “Muhammadu Buhari University of Technology, Maiduguri.” This move was seen by many as an attempt to immortalize the former president’s legacy. However, ASUU insists that such a decision undermines the identity of the university and disrespects the historical and educational value it has carried for decades.

ASUU’s leadership stated that Nigerian universities should not be reduced to tools for political appeasement or name-swapping. The union emphasized that real development in the education sector lies in addressing issues such as poor funding, unpaid salaries, infrastructure decay, and lack of support for academic research—not in renaming institutions.

The proposal has also drawn mixed reactions from students, alumni, and civil society groups. While some see it as a national honor, many others believe the name change is an unnecessary distraction from more urgent challenges facing the university and the sector at large.

ASUU has now called on President Bola Tinubu and the Ministry of Education to withdraw the renaming plan and instead focus on funding, welfare, and university autonomy. As of the time of this report, there has been no official response from the government.

This controversy has once again highlighted the growing tension between politics and education in Nigeria—a matter many believe needs urgent reform.


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